First Trust NASDAQ ABA Community Bank Index Fund
QABA
66 hedge funds and large institutions have $285M invested in First Trust NASDAQ ABA Community Bank Index Fund in 2016 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 28 increasing their positions, 12 reducing their positions, and 5 closing their positions.
280% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 5
210% more capital invested
Capital invested by funds: $91.9M → $285M (+$193M)
133% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 12
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
71% more ownership
Funds ownership: 0% → 71% (+71%)
27% more funds holding
Funds holding: 52 → 66 (+14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$34M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$31.5M |
| 3 |
Morgan Stanley
New York
|
+$21.4M |
| 4 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
+$16.6M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.58M |
| 2 |
SG Americas Securities
New York
|
-$921K |
| 3 |
Jane Street
New York
|
-$712K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$689K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$467K |
QABA Hedge Fund Activity: Q4 2016 in Review
66 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust NASDAQ ABA Community Bank Index Fund (QABA) for Q4 2016, worth a combined $285M — up 210% from $91.9M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new QABA positions and 5 closed out — a net gain of 14 holders — while 28 added to existing stakes and 12 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $34M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.58M sold.
- 66 institutional investors held First Trust NASDAQ ABA Community Bank Index Fund (QABA) as of Q4 2016, up from 52 in Q3 2016.
- Funds reported $285M of First Trust NASDAQ ABA Community Bank Index Fund stock for Q4 2016, up 210% quarter-over-quarter.
- 19 funds opened new First Trust NASDAQ ABA Community Bank Index Fund positions in Q4 2016 and 5 closed out, a net change of +14 holders.
- The largest First Trust NASDAQ ABA Community Bank Index Fund buyer in Q4 2016 was Envestnet Asset Management, an estimated $34M added.
- The largest First Trust NASDAQ ABA Community Bank Index Fund seller in Q4 2016 was Susquehanna International Group, an estimated $2.58M sold.
Based on aggregated 13F filings for Q4 2016.